New forex policy: Stock investors gain N702bn

New forex policy: Stock investors gain N702bn

Positive market trend heightened yesterday as a result of the new foreign exchange policy introduced by Central Bank of Nigeria, CBN, mid this week, leading Naira unto 6.7 per cent appreciation and a total of N702.6 billion gains by investors in the stock market.
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EFCC not probing me for N4.29 b fraud, insists Gov. Ortom

EFCC not probing me for N4.29 b fraud, insists Gov. Ortom

Governor Samuel Ortom of Benue State has said that there is no way he could have taken N4.29 billion out of the state treasury without being spotted by the Economic and Financial Crimes Commission and invited for questioning for such.

Kogi APC Exco kicks against Bello’s probe

Kogi APC Exco kicks against Bello’s probe

The call by some APC stakeholders from Kogi State to probe the state governor over anti-party activities seems to have deepen the party crisis as the state Deputy Woman Leader, Mrs Deborah Isiguizo berated Senator Dino Melaye and the State Chairman of the party, Haddy Ametou, for constituting the probe panel.

We ‘ll restore AGN to its past glory, declares Steve Eboh

We ‘ll restore AGN to its past glory, declares Steve Eboh

The stage is now set for a new Actors Guild of Nigeria (AGN) to emerge as the newly appointed Chairman of the guild’s caretaker committee, actor Steve Eboh has vowed to do his best with his team to restore the past glory of the troubled Guild.

Grass to grace story of Booboosha, Nigerian beauty in New Zealand

Grass to grace story of Booboosha, Nigerian beauty in New Zealand

After living abroad for so long, a young Nigerian act based in New Zealand, Emoubo Juliet Obieh, popularly known as Booboosha (French word for beautiful flower), is set to join the growing list of Nigerian female stars making waves around the world.

CAF Champions League: Enyimba, Zamalek in war of words

CAF Champions League: Enyimba, Zamalek in war of words

The lucrative group stage of the CAF Champions League begins today, with Egyptian giants Al Ahly returning to the mini league stage for the first time in two years when they visit Zambia’s Zesco United.

Just one glass of wine a week while pregnant ‘can harm a baby’s IQ’

Just one glass of wine a week while pregnant ‘can harm a baby’s IQ’

‘Moderate’ drinking was regarded as anything less than six units of alcohol a week—the equivalent of three standard glasses of wine—while some of the women abstained through the whole of their pregnancy. Heavy drinkers were excluded. When youngsters whose mothers were moderate drinkers were tested at the age of eight, those who had three of the gene variants—meaning they were slower to rid alcohol from their systems—had a lower intelligence when compared with those who had either one or two.

The effect of alcohol on unborn babies

The effect of alcohol on unborn babies

IMAGINE when your pregnancy is scanned for the first time so you could see your precious baby growing in the womb, suddenly its whole body gives a shudder and the foetus appears to jump. Such a movement is known as the startle reflex; and the scan described above are from photographs from scans that were taken by Peter Hepper, a professor of psychology at Queens University, Belfast, an expert on the effects of alcohol on unborn babies.

NEITI audit reports: NNPC’s many sins

NEITI audit reports: NNPC’s many sins

The Nigerian Extractive Industries Transparency Initiative, NEITI, in its recent report indicted the NNPC for withholding and short-changing the country of over $13.29 billion over a nine-year period. NEITI in its Audit Report for 2013, had accused the NNPC and its subsidiaries of failing to remit $3.8 billion and N358.3 billion in 2013, and over $12 billion between 2005 and 2009, stating that these outstanding payments were due from unpaid consideration from divested Oil Mining Leases (OML), cash call refunds, crude oil liftings and Nigeria Liquefied Natural Gas, NLNG, dividends over a nine-year period.

Aviation regulation in Nigeria: The chequered history

Aviation regulation in Nigeria: The chequered history

Civil Aviation regulation in Nigeria became the function of the National Government in the immediate post-colonial period. Nigeria had bought over the equities of Elder Dempstar and other stakeholders in West African Airways Corporation – WAAC following the withdrawal of Ghana in 1958 after independence; it became imperative that the new nation put in place a regulatory system that will underpin Airline Operations in Nigeria in accordance with ICAO sets of Standard And Recommended Practices (SARP) issued in 1944/45.

Plan to delist 5,000 beneficiaries harmful to Amnesty Programme- Ex-militant leader, Muturu

Plan to delist 5,000 beneficiaries harmful to Amnesty Programme- Ex-militant leader, Muturu

The programme is progressing and we believe we have gone far and all things being equal we will get to a successful conclusion. Already, Boroh has said in an interview with the Vanguard newspaper that 5,000 beneficiaries will be exited from the programme at the end of this month followed by another batch in December next year. Does this indicate that the government is actually committed to the execution of the programme?

Pipeline bombings: Kachikwu trouble shooting mission to N-Delta

Pipeline bombings: Kachikwu trouble shooting mission to N-Delta

The Minister of Petroleum Resources and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu, spent the week in Niger Delta region rallying stakeholders, especially militants blowing up oil installations, to stop worrying about the things in the pipeline and the pipeline itself, and allow oil to flow unrestrained in the interest of the nation.

Edo 2016: APC aspirants in battle of wits

Edo 2016: APC aspirants in battle of wits

There is tension in Edo state as political gladiators in the state, particularly those in the All Progressives Congress (APC) file out today for the governorship primaries of the party, ahead the September 10, 2016 governorship election in the state. It is a contest that is parading powerful aspirants and that is why the tension in the party is heightening. The aspirants who are expected to file out today at the Samuel Ogbemudia Stadium Benin City, include: